Trading Conditions
Products
Tools
Green line- resistance (broken)
Blue lines- Fibonacci extension targets
EURUSD has broken above 1.0285 key resistance and provided a bullish signal. EURUSD remains in a bullish trend making higher highs and higher lows. EURUSD is trading above 1.03 and has potential to reach 1.0450 where we find the 100% extension target of the first upward movement. Support remains key at 1.02. Bulls must defend this level. As long as price is above it, we should expect price to reach 1.04 at least.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.